Mcx gold call

A good day for our indian commodity tips subscribers . We asked them to sell gold today in morning and it achieved our target in noon itself . Here is what sms we sent to our paid subscribers today .

Sell mcx future 28390 with stoploss of 28445 for target of 28320 .

It cracked beautifully and our trading call target achieved .

Currently this precious metal trading at 28280. Good support in mcx gold stands at 28220. If traders break and sustain below 28220. Then expect good pressure in this precious metal till 28100- 28000 very soon.

Resistance now stands at 28370. If traders break and sustain above 28370. Then expect good rise in this precious metal till 28490- 28610 soon.

Conclusion: For now mcx gold trend is weak for now. So avoid any buying and look to sell on rise.

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By marafat